Posts published on May 27, 2025 go to media archive 4/4

Bitcoin long-term holders ‘quietly capitalizing’ with drop to $109K

Bitcoin markets recently experienced two major liquidation events, causing a cascade of forced selling from over-leveraged traders, but analysts say a distinct pattern has emerged.“Overleveraged short-term traders were flushed out, long-term…

Migos Instagram account hacked in apparent blackmail bid on Solana co-founder

The Instagram account of former US rap trio Migos was hacked in an apparent attempt to blackmail Solana co-founder Raj Gokal.On May 27, Migos’ Instagram account posted at least seven images seen by Cointelegraph that have since been deleted…

Saylor says onchain proof-of-reserves a ‘bad idea’ due to security risks

Michael Saylor, the executive chair of major Bitcoin-buying firm Strategy, formerly MicroStrategy, says institutions posting onchain proof-of-reserves is a “bad idea” that could pose security risks.“The current, conventional way…

Meta’s AI boss says current AI lacks ‘intelligent behavior’ — Report

Current artificial intelligence models lack the major traits of human intelligence, Meta’s AI chief has reportedly said, claiming that the firm’s latest model will solve this issue. Business Insider reported on May 26 that at the…

Bitcoin Eyeing $112,000 After Bullish Double Bottom Breakout, Analyst Says

After a slight weekend slump that saw Bitcoin (BTC) dip to $106,600, the leading cryptocurrency has recovered most of its losses and is currently trading close to the $110,000 level. With bullish momentum building, several crypto analysts now…

France’s Blockchain Group to buy 590 Bitcoin after bond sale

The Paris-based crypto company Blockchain Group is adding more Bitcoin to its growing treasury through a 63.3 million euro ($72 million) bond sale.The company hopes to buy another 590 Bitcoin (BTC) with the funds, increasing its total holdings to…

Another suspect to surrender in NYC crypto torture case: Reports

A second person suspected of being involved in a high-profile crypto kidnapping case in New York City is expected to turn himself in to police, according to several reports.The second man is a Swiss crypto investor who allegedly assisted business…

Bitlayer secures 31.5% of Bitcoin's hashrate to bring smart contracts to BTC

Bitlayer’s Bitcoin smart-contract system is being implemented by mining pools behind 31.5% of the network’s hashrate, a development that will help ensure that its system will operate on the Bitcoin blockchain, the company said.According…